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Technicals for Mastek Limited
By MusingTheNews
2025-04-25 20:45
Overall Technical outlook
Price Summary
On 2025-04-25, MASTEK's stock started at 2210.0, reached a high of 2225.0, fell to 2093.8, and ended -1.68% lower at 2172.9, with 243048 shares traded. The stock's highest value over the last 52 weeks is 3270.85, and the lowest value is 1958.45. 6 analysts suggest that MASTEK's future price will lie between 2497.0 and 3320.0, with an average expected price of roughly 2918.5.
Technicals
Support and Resistance: The price of 2172.9 is supported at 2113.2 and encounters resistance at 2339.75. This suggests key levels where the price might find stability, with 2113.2 providing a base and 2339.75 acting as an upper boundary for MASTEK. Support/Resistance for MASTEK
Aroon: The AROON is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Aroon chart for Mastek Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Bolinger Bands chart for Mastek Limited
Parabolic SAR: The PSAR continues to indicate a bullish outlook, setting a crucial support level. This strong support could bolster the ongoing upward trend, suggesting that the market may remain in a positive trajectory. Investors may view this as a sign of sustained bullish momentum. Parabolic Stop and Reverse chart for Mastek Limited
Stochastic: The current reading of the STOCHASTIC is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Stochastic chart for Mastek Limited
Tripple Moving Agerage: The moving averages for the 20-50-100 periods point to a bullish trend for MASTEK, though the slopes of the faster averages suggest that this strength may be waning. The potential for a reversal is becoming evident, as the shorter-term averages indicate that the current upward momentum could be losing steam. Tripple SMA chart for Mastek Limited
In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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